The objective of this study to examine the econometric technique triple deficit’s hypothesis in existence multiple structural breaks. Triple deficit theory is a put forward by expanding twin theory, recognize private together with trade and budget investigate relationship among these under Keynesian approach. annual time series data has been used from 1975 2020. This applied techniques that cap...

In this paper, we used the methods of cointegration and granger causality estimation to test the relationship between China’s coal consumption and real GDP based on the data of 1978~2010, the results show that the real GDP and coal consumption have no granger causality, and do not have a long run cointegration, which is different from the existing discovery. Because of following reasons, first ...

Compared with previous research, the present work extends existing literature by considering long-run relations amongmajor international stock market indices, under different market conditions, and the implications of these relations on the implementation of statistical arbitrage strategies. The examined data contain two bust phases interrupted by a mild bullish period. Employing cointegration ...

For spatial data with a suffi ciently long time dimension, the concept of global cointegration has been recently included in the econometrics research agenda. Global cointegration arises when non-stationary time series are cointegrated both within and between spatial units. In this paper, we analyze the role of globally cointegrated variable relationships using German regional data (NUTS 1 leve...